#HondaMotor

Reported Q1 results for the fiscal year ending March 2027. Discloses key metrics such as revenue, operating income, and net income. Notes on segment breakdown, financial position, and cash movements are provided. The fiscal period covers from April 1, 2026 to June 30, 2026.

Raised full-year consolidated earnings forecast for the fiscal year ending March 2027. Net sales are raised by 1,000,000 million to 24,150,000 million yen, operating income up by 150,000 million to 650,000 million yen, and net income attributable to owners of the parent up by 145,000 million to 400,000 million yen. The exchange rate assumption was revised to 1 USD =...

Honda Motor Co., Ltd. has extended its joint venture partnership with GAC Group in China until 2038, aiming to strengthen its business in the Chinese market. The cumulative sales volume exceeds 11 million units, and a new energy vehicle plant is scheduled to begin operations in 2024.

Correction regarding the consolidation of Astemo as a result of changes in the ownership ratio. Implementation timing postponed from the first quarter of the fiscal year ending March 2027 to the end of the third quarter, with a minor impact disclosed.

Honda Motor Co., Ltd.'s consolidated net sales for the fiscal year ending March 2026 are ¥21,796 billion (+0.5% YoY), with net loss decreasing to ¥4,239 billion. Losses were impacted by EV-related write-offs and strategic review adjustments.

Honda Motor's full-year financial results for the fiscal year ending March 2026 show revenue exceeding forecasts at JPY 21.7966 trillion, with operating and net income also steadily improving. Considering foreign exchange and EV-related losses, actual results are approaching the upper end of the forecast range.

Honda Motor Co., Ltd. is reviewing executive personnel and Board of Directors structure ahead of the June 2026 Annual General Meeting of Shareholders. New appointments and governance enhancement measures are announced to improve corporate governance transparency and decisiveness.

Honda Motor Co., Ltd. was reported to have a consolidated operating loss of approximately 400 billion yen for FY2026; however, this is not an official announcement from the company and is currently under review, with official disclosure scheduled for May 14, 2026.

The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been significantly revised downward, reflecting operating expenses losses of 820 billion yen to 1.12 trillion yen and equity method investment losses of 110 billion yen to 150 billion yen.

Due to the review of the four-wheel electrification strategy, a loss of operating expenses between 820 billion yen and 1.12 trillion yen is anticipated for the fiscal year ending March 2026, resulting in a significant downward revision of the full-year consolidated earnings guidance.

Based on the shareholder registry as of March 31, 2026, the shareholder benefits program will be expanded. Additional benefits based on continuous holding periods will be introduced, including specially made goods by Honda’s special subsidiary and invitations to various experience events.

For the third quarter of the fiscal year ending March 2026, revenue was JPY 15,975,664 million, down 2.2% year-over-year (YoY). Operating income was JPY 591.5 billion, down 48.1% YoY. Net income attributable to owners of the parent for the quarter was JPY 465.4 billion, down 42.2% YoY.